News Release: INDUSTRY NEWS: Construction set to begin on HarborChase of Germantown
Harbor Retirement Associates, Confluent Senior Living Enter into Tennessee Market to Deliver Senior Living Community Project partners Confluent Senior Living and Harbor Retirement Associates (HRA), are pleased to announce that construction is set to start on HarborChase of Germantown, a 114,450-square-foot assisted living and memory care community in the east Memphis suburb. Marking the first […]
News Release: Leading Healthcare Facility Developer Makes Strides on New York Project
Hammes Company and Mohawk Valley Health System making strides toward the new downtown hospital Hammes Company, the nation’s leader in healthcare building strategies, is making strides with the Mohawk Valley Health System (MVHS) on the new, regional healthcare campus project in downtown Utica, N.Y. MVHS selected Hammes Company as the project manager in January of […]
News Release: HCP Closes on the Sale of Its Tandem Mezzanine Loan Investment
HCP (NYSE: HCP) today announced it has closed on the sale of its Tandem mezzanine loan investment to Fundamental Advisors LP, a leading alternative asset manager, for $112 million. “We are pleased to close on the disposition of our last mezzanine loan investment,” said Scott Brinker, HCP’s Chief Investment Officer. “With this sale, and the […]
News Release: Tryko adds Philadelphia-area facility to skilled nursing portfolio
Tryko Partners Adds Philadelphia-Area Facility to Skilled Nursing Portfolio Marquis Health Services to Launch $2.5 Million Renovation of 129-Bed Property Tryko Partners, LLC continues to grow its presence in the Philadelphia skilled nursing community with the acquisition of ManorCare Health Services at Mercy Fitzgerald Hospital in Yeadon. Marquis Health Services, the company’s healthcare affiliate, and a […]
News Release: NexCore Group Adds to its Capabilities as Tom Kelly Joins its Business Development Team
Seasoned commercial real estate executive brings broad experience to serve the firm and its clients as Vice President, Real Estate Development at a time of significant growth and expansion DENVER, March 14, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Tom Kelly has joined the firm’s business development team […]
News Release: Over 34 million s.f. of outpatient healthcare real estate was started or completed in 2017
Second annual Revista-HREI survey finds that the pace of development was still robust for MOBs and other outpatient facilities last year, although it was down 4.6 percent from 2016 ARNOLD, Md., and MINNEAPOLIS, March 14, 2018 – Outpatient healthcare real estate (HRE) development projects totaling more than 34 million square feet were started or completed […]
News Release: Capital One Combines Bridge and Fannie Mae Financing to Refinance HTI Senior Housing Portfolio
Capital One announced today that it has added seven senior housing properties owned by subsidiaries of Healthcare Trust, Inc. (HTI) to HTI’s Fannie Mae credit facility. This transaction brings the total facility to $216.6 million, an increase of $64.2 million. In December, Capital One also served as administrative agent and sole lender for an $82 million […]
News Release: H2C Advises Texas Health Resources on $764.6 Million in Bond Financings, Completes Multi-Year Plan of Finance
Hammond Hanlon Camp LLC Advises Texas Health Resources on $764.6 Million in Bond Financings, Completes Multi-Year Plan of Finance Hammond Hanlon Camp LLC, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to Texas Health Resources (“THR” or the “System”) in connection with the issuance of $764,575,000 in tax-exempt bonds, […]
News Release: JUST SOLD: Summit at NPR
JUST SOLD: Summit at NPR Krone Weidler is pleased to announce the successful sale of Summit at Venice. This 40,164 square-foot assisted living facility is located in New Port Richey, FL, and sits on six acres of beautifully landscaped grounds. This community has a wonderful long-standing relationship with the local community. Krone had the exclusive […]
News Release: ESI Arranges Sale of Class A Independent Living Community in Boulder, Colorado
Evans Senior Investments (ESI) successfully represented the sale of Flatirons Terrace, a 54-unit independent living facility in Boulder, Colorado. Built in 2007, Flatirons Terrace is a Class A independent living community that offers a first-class luxury experience for residents. Located in the heart of Boulder, Colorado, residents are surrounded by dramatic Rocky Mountain views, […]
News Release: San Antonio medical group signs 10-Year, 20,954 SF Lease Renewal
San Antonio Gastroenterology Associates Signs 10-Year, 20,954 SF Lease Renewal at Medical Center Tower II San Antonio Gastroenterology Associates (SAGA) has signed a 10-year, 20,954-square-foot lease renewal at Medical Center Tower II, located on the campus of CHRISTUS Santa Rosa Hospital – Medical Center. SAGA, the longest-standing gastroenterology group in San Antonio, has provided outpatient surgery […]
News Release: HFF announces $3.935M sale of development site in Raleigh, North Carolina
HFF announces the $3.935 million sale of an 8.49-acre parcel within the larger 51.32-acre St. Albans at Midtown development site near North Hills in Raleigh, North Carolina. Located at 901 St. Albans Drive, this is the final site closed from the St. Albans at Midtown portfolio that totaled four separate transactions. The HFF team marketed […]
News Release: Coldwell Banker Commercial Westmac arranges $4.7 million sale of medical-office building in West Los Angeles, CA
LOS ANGELES, CA – 03/12/2018 Coldwell Banker Commercial WESTMAC has arranged the sale of 11669 Santa Monica Boulevard in West Los Angeles for $4,700,000. A private seller has sold the ± 7,658-square foot medical-office building for approximately $613 per square foot. Located near the corner of Santa Monica Boulevard and S. Barrington Avenue, the highly-visible […]
News Release: CHI Health Clinic Breaking Ground on New Council Bluffs Clinic
March 12, 2018 We’re Growing – With One-Stop Health Care New CHI Health Clinic Will be More Than Four Times the Current Size A new CHI Health Clinic at Valley View and Mall Drives in Council Bluffs is not only bigger, it will provide a rotating cast of specialists – all under one roof. In addition […]
News Release: Encompass Health announces plans to expand rehabilitative services to Katy, Texas
Mar 12, 2018 Inpatient rehabilitation hospital expected to begin providing care in fall 2019 BIRMINGHAM, Ala., March 12, 2018 /PRNewswire/ — Encompass Health Corporation (NYSE: EHC), formerly known as HealthSouth Corporation, today announced plans to build a 40-bed inpatient rehabilitation hospital in Katy, Texas. The 40-bed hospital will be located at The Reserve at Grand Parkway in Katy. It will […]